780-800 Arbor RD, Menlo Park, CA 94025
- $4,300,000
- 6,072
- SqFt
Listed by Carlos Azucena, 408-205-2679 from Marcus & Millichap
(If provided) CoList: from
Sold listing courtesy of Yura Wang from REEB
- Sold Price
- $4,300,000
- List Price
- $4,500,000
- Closing Date
- Sep 20, 2024
- MLS#
- ML81973762
- Status
- SOLD
- Sqft. of Residence
- 6,072
- Lot Size
- 12,196
- Listing Area
- Pedro Point
- Year Built
- 1954
Property Description
780-800 Arbor Road is an eight-unit multifamily property located in downtown Menlo Park. The unit mix is (8) 1 bedroom / 1 bathroom that average 759 sf each per county records (buyer to verify). The property sits on a 0.28 acre (12,327 Sqft) lot. Among the amenities are on-site laundry (owned not leased), individual carports for each unit along with ample street parking. The property has been well maintained under the current owner for over 30 years. 780-800 Arbor is being offered at the highest cap rate currently seen in Menlo Park. It presents an excellent value-add opportunity for a savvy investor to own in one of the most desirable markets in the country.
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Additional Information
- Acres
- 0.28
- Age
- 70
- Cooling System
- None
- Foundation
- Wood Frame
- Garage Parking
- Carport, On Street
- Heating System
- Floor Furnace
- Living Area
- 6,072
- Lot Size
- 12,196
- Neighborhood
- Pedro Point
- Other Utilities
- Public Utilities
- Roof
- Composition, Shingle
- Sewer
- Sewer Connected
- Unincorporated Yn
- Yes
- Zoning
- R3
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